The Treasury issued new guidance on May 5, 2020, regarding an employer’s ability to qualify as for the Employee Retention
On May 5, 2020, the SBA issued yet another new addition to its PPP FAQs, the latest in a “dribble
The SBA issued additional guidance related to the Paycheck Protection Program (PPP) loan forgiveness reduction calculations, adding three new questions
The CARES Act created the Paycheck Protection Program (PPP) to provide loans to assist businesses and not-for-profit (NFP) organizations through
On April 30, 2020, the IRS issued Notice 2020-32, to explain that a Paycheck Protection Program (PPP) loan recipient cannot
After getting hung up for several weeks in the Senate, on April 24, 2020, President Trump signed the Paycheck Protection
Generating financial statements is a routine part of the close process, but standard financial reports cannot always provide sufficient explanations
The IRS issued Rev. Proc. 2020-25 on April 17, 2020, providing guidelines for how taxpayers can take advantage of the
On April 9, 2020, the Internal Revenue Service and Treasury issued additional guidance to specifically address the new net operating
In deference to fairness, on April 9, 2020, the Internal Revenue Service issued Notice 2020-23, which extended the tax filing
In the flurry of releasing millions of dollars of loan requests from small businesses under the CARES Act’s Paycheck Protection
There has been a flood of information (and misinformation) about the Paycheck Protection Program (PPP) included in the Coronavirus Aid,
